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Ivanhoe shares retrace steps

Shares in African-focused Ivanhoe Mines (TSX: IVN) started to rise last week after the company moved to reassure investors – and rose higher again on news of a new mining body designed to “engage” with the Democratic Republic of Congo over its new mining code.

Staff reporter
Ivanhoe has exploration underway at Makoko in the DRC

Ivanhoe has exploration underway at Makoko in the DRC

On Tuesday, Ivanhoe assured investors it was not aware of any company-specific reason that might be "contributing to the recent decline" in its share price. Its shares had been trading above the C$4...

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